Housing costs in Fountainhead-Orchard Hills?
A typical home costs
$341,600, which is 1.0% more expensive than the national average of
$338,100 and 12.0% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Fountainhead-Orchard Hills costs
$1,200 per month, which is 16.1% cheaper than the national average of
$1,430 and 35.0% cheaper than the state average of
$1,620.
Can I afford Fountainhead-Orchard Hills?
To live comfortably in Fountainhead-Orchard Hills, Maryland, a minimum annual income of
$65,520 for a family, and
$37,200 for a single person is recommended.
What does A.I. say about Fountainhead-Orchard Hills?
The cost of living in Fountainhead-Orchard Hills, MD is relatively high compared to other areas. The average price of a home here is around $450,000, making it one of the most expensive places to live in Maryland. Renting can also be pricey with the average rent being approximately $1,500 for a single bedroom apartment. Groceries and transportation are also more expensive in this area due to its proximity to Washington D.C., ”the nation's capital” and its popularity as a desirable location for many people to live in or visit. Residents here receive a slightly higher salary than those who live in other states and counties throughout Maryland though.